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Watson Jill Foss's Form 4/A amendment

Amended

Credit Acceptance Corp (CACC) · filed Jul 14, 2021

Accession no.
0001415889-21-003607
Filed
Jul 14, 2021
Trade date
Jul 9, 2021
Filing delay
5 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Jul 13, 2021

This filing lists 14 non-derivative transactions. It carries over 11 transactions from the original filing that it did not restate. Open-market sales total $9.30M. It was filed 5 days after the trade.

This amendment restates part of 0001415889-21-003599 (filed Jul 13, 2021). The transactions it did not restate still count and are listed below.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Watson Jill FossCIK 000156898210% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 9, 2021Common StockSSaleDisposed−347$443.36F1−$153,845.92146,580Indirect
Jul 9, 2021Common StockSSaleDisposed−266$444.48F4−$118,231.68146,314Indirect
Jul 9, 2021Common StockSSaleDisposed−2,010$445.75F5−$895,957.5144,303Indirect
Jul 9, 2021Common StockSSaleDisposed−921$446.60F6−$411,318.6143,383Indirect
Jul 9, 2021Common StockSSaleDisposed−56$447.94F7−$25,084.64143,327Indirect
Jul 9, 2021Common StockSSaleDisposed−520$443.36F1−$230,547.2352,622Indirect
Jul 9, 2021Common StockSSaleDisposed−400$444.48F4−$177,792352,222Indirect
Jul 9, 2021Common StockSSaleDisposed−3,016$445.75F5−$1,344,382349,207Indirect
Jul 9, 2021Common StockSSaleDisposed−1,381$446.60F6−$616,754.6347,825Indirect
Jul 9, 2021Common StockSSaleDisposed−83$447.94F7−$37,179.02347,742Indirect
Jul 9, 2021Common StockSSaleDisposed−262$443.75F10−$116,262.568,584Indirect
Jul 9, 2021Common StockSSaleDisposed−439$445.51F13−$195,578.8968,145Indirect
Jul 9, 2021Common StockSSaleDisposed−930$446.47F14−$415,217.167,215Indirect
Jul 9, 2021Common StockSSaleDisposed−169$447.49F15−$75,625.8167,046Indirect

Carried over from the original filing

This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.

From 0001415889-21-003599 (filed Jul 13, 2021).

Non-derivative securities (Table I)

Non-derivative transactions carried over from 0001415889-21-003599
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 9, 2021Common StockSSaleDisposed−460$446.60F8−$205,43630,595Indirect
Jul 9, 2021Common StockSSaleDisposed−460$446.60F8−$205,43630,595Indirect
Jul 9, 2021Common StockSSaleDisposed−55$447.94F9−$24,636.7193,328Indirect
Jul 9, 2021Common StockSSaleDisposed−28$447.94F9−$12,542.32351,339Indirect
Jul 9, 2021Common StockSSaleDisposed−28$447.94F9−$12,542.3230,567Indirect
Jul 9, 2021Common StockSSaleDisposed−28$447.94F9−$12,542.3230,567Indirect
Jul 9, 2021Common StockSSaleDisposed−867$443.36F10−$384,393.1267,979Indirect
Jul 9, 2021Common StockSSaleDisposed−666$444.48F12−$296,023.6867,313Indirect
Jul 9, 2021Common StockSSaleDisposed−5,026$445.75F13−$2,240,339.562,287Indirect
Jul 9, 2021Common StockSSaleDisposed−2,302$446.60F14−$1,028,073.259,985Indirect
Jul 9, 2021Common StockSSaleDisposed−139$447.94F15−$62,263.6659,846Indirect

Footnotes on the original

The footnotes that the prices of these transactions refer to on the original filing.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446.31 to $447.23, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 4 transactions in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.05 to $443.67, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.06 to $445.00, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.28 to $446.26, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446.31 to $447.23, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.05 to $443.67, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F2

The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment to correct an administrative error, which over-reported the number of shares beneficially owned following the reported transaction by 50,000 shares. As a result of the correction, the number of shares beneficially owned by the reporting person following the transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 50,000 shares.

F3

These shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Living Trust.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.06 to $445.00, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $445.28 to $446.26, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446.31 to $447.23, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.88 to $448.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 2 transactions in Table I.

F8

The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment to correct an administrative error, which misreported sales by the Jill Foss Watson 2014 Children's Trust FBO Duncan Todd Watson and Jill Foss Watson 2014 Children's Trust FBO Gwyneth Ellen Watson, when in fact neither of the trusts engaged in any sales.

F9

These shares are owned of record by Jill Foss Watson, as Trustee of the Karol A. Foss Irrevocable Grandchildren's Trust and of the Issue Trusts.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $443.62 to $444.23, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F11

The original Form 4, filed on July 13, 2021, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported a sale that occurred on July 9, 2021 as a total of 9,000 shares sold when in fact 1,800 shares of the Issuer's common stock were sold. As a result of the correction, the number of shares beneficially owned by the reporting person following the corrected transaction reflects an increase in the number of shares reported as beneficially owned by the reporting person by 7,200 shares.

F12

These shares are owned of record by Todd Watson, spouse of Jill Foss Watson, as trustee of the Jill Foss Watson Irrevocable Trust.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $444.83 to $445.48, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $446 to $446.67, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $447.22 to $447.88, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)